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Work Of Art Insurance

For an individual art collector, a museum and an art exhibition, it is important to get insurance to compensate the damage or loss. Burglary, physical losses due to fire, scratches are some of the most common risks to the artworks. This is when an art insurance provides a comprehensive coverage to the art collection.
Advantages
The coverage under Art Insurance includes any unexpected and physical damage or loss to the insured asset
Some insurance companies in India also cover transportation of the art piece from one place to another in India
Provides wall-to-wall coverage for paintings, designs, and other forms of artwork that can be displayed on a wall
Certain policies also include the storage of the artwork within the specified geographical or territorial limits for business or professional reasons
Damage or losses due to natural calamities like flood, earthquake, cyclone, and other extreme weather conditions are also covered
Coverage
Against unforeseen and physical loss or damage
For all insured property during transit
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